Versant
Versant is the brand name for a spin-off company that incorporates Comcast’s cable networks — MS NOW, CNBC, E!, SyFy, USA Network and Golf Channel (but not Bravo) — and certain digital properties like Fandango and Rotten Tomatoes. In January 2026, Versant also acquired Free TV Networks, a multicast operator founded by Jonathan Katz.
Versant is headquartered in New York City. The CEO of Versant is Mark Lazarus.

Philo forges distribution deal with Versant for multicast channels
Three channels from Versant's Free TV Networks are now available on Philo's free programming tier.

Versant brings in $6.7 billion during 2025
Versant executives said 80 percent of its current revenue comes from pay TV providers that distribute its cable networks; MS NOW has seen strong viewership since its rebrand last year.
EARNINGS REPORT

Versant inks Free TV Networks distribution deal with Paramount, Sling
Two Versant-owned multicast networks are now on CBS-owned stations across the country, and a streaming channel is now offered by Sling Freestream.

Paramount ends Fave TV, replaces feeds with Versant multicast networks
Paramount has quietly pulled the plug on Fave TV, its multicast network that served as a barker channel for programming found on its streaming apps.
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Comcast revenue weighed by ongoing losses at Xfinity TV, Xfinity Internet; Peacock grows
Comcast posted mixed financial results for its fourth quarter (Q4), beating Wall Street expectations on overall earnings while narrowly missing revenue forecasts from the period.
EARNINGS REPORT

Versant completes acquisition of Free TV Networks
Versant has finalized the acquisition of Free TV Networks, the broadcast-focused media company founded by industry veteran Jonathan Katz.

Comcast completes spin-out of cable networks into Versant
Comcast completed the spin-off of its cable networks into Versant Media Group, which began trading publicly under the ticker VSNT.

CNBC to roll out new logo on December 13
Versant has lifted the curtain on a new logo for its business affairs network CNBC that moves away from the branding of NBC Universal while committing itself to a digital-first future.

Versant to launch MS NOW subscription service with live news, events
Versant will launch the progressive equivalent of Fox Nation next summer, just in time for the midterm election.

Versant acquires Free TV Networks for broadcast, FAST businesses
Comcast's spin-out business Versant has acquired Free TV Networks as it plots a push into broadcasting and the development of a FAST service.

Versant unveils brand identity refresh for USA Sports
USA Sports will exist as the flagship brand for live sports programming across Comcast's cable networks that are being separated into Versant.

AccuWeather to provide forecasting to MS NOW, CNBC
MS NOW and CNBC will gain access to reporters and forecasts from AccuWeather as part of the new multi-year partnership.